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Eddy County, NM · Sold

NM-563848

9607 County Road 79

$20,500
$870/ac · 23.55 ac
Acreage23.55 ac
Price per acre$870/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedAug 22, 2024
Coordinates32.5490, -104.2937
Loading terrain…
County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Eddy County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.

View Eddy market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
43
Moderate risk
Wetlands3.0% of tract

Little to no mapped wetland coverage.

Average slope30.4%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power14,110 ft away

A long utility run — price in solar/off-grid instead.

Buildable area13.71 of 23.55 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$24,142
$21,898$26,387 · $1,025/ac on 23.55 ac
Asking vs estimate
-15.1%
Priced below the comp set

Weighted from 8 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $20,500
Maximum allowable offer
$13,796
$586/ac · +30.0% target margin

You need $6,704 off asking to hit this margin.

All-in cost$14,969
Net resale$22,211
Projected profit$7,242
ROI+48.4%
Annualized+69.2%
Break-even resale$691/ac
Profit if resale lands off target
-20%
$2,800
-10%
$5,021
0%
$7,242
+10%
$9,463
+20%
$11,685
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-324113
Gravel · Full utilities
28.5Jul 27, 2026$51,2001,7961,11013.8 mi
77
NM-443172
Gravel · Full utilities
14.4May 30, 2026$29,1002,0191,1504.5 mi
77
NM-704848
Paved · Off grid
48.6Jul 27, 2026$51,5001,06087615.6 mi
75
NM-304260
Dirt · Power at road
31.7Dec 25, 2024$34,5001,0861,03311.9 mi
73
NM-925514
Paved · Power at road
78.7Jul 27, 2026$112,7001,4321,1156.8 mi
72
NM-722668
Gravel · Power at road
10.0Nov 11, 2024$14,2001,4211,0164.2 mi
66
NM-782760
Dirt · Full utilities
10.7Apr 4, 2024$14,1001,31892514.2 mi
62
NM-952816
Gravel · Power at road
11.2Dec 3, 2024$14,5001,30193616.3 mi
57
Show adjustment detail for the top comp
  • Tract size (28.53 ac → 23.55 ac)+2.9%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Full utilities → Off grid)-30.3%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.